Examples of Initial Obligors in a sentence
The Executive shall devote his best efforts, knowledge, skill, and his entire productive time, ability and attention to the business of the Company and its Affiliates (as defined in paragraph 12 below) during the term of this Agreement.
As used in this Agreement, the terms "Administrative Agent," "APL New York," "APL Ohio," "APL Pennsylvania," "APL Operating," "APL Mid-Continent," "Borrower," "Initial Guarantors," "Issuing Bank," "Lender," "Lenders," "Initial Obligors," "Original Credit Agreement," "Original Lenders," "Elk City", "Elk City GP", "Co-Lead Arrangers", "Existing Credit Agreement," "Existing Debt," and "Existing Lenders" shall have the meanings indicated above.
Each of the Initial Obligors incorporated in Austria will provide pledges by its direct Holding Company or Holding Companies over all of the shares in that Initial Obligor, so that MGG will pledge all of its shares in Xxxxxx Austria GmbH.
Each of the Initial Obligors incorporated in a state of the United States of America will provide a pledge and security agreement creating security over all of its assets (other than real property) and a pledge by its direct Holding Company or Holding Companies over all of the shares in that Initial Obligor.
Angiotech US, the other Initial Obligors and the 9% Notes Trustee are parties to an Indenture, dated as of the date hereof (as further defined below, the “9% Notes Indenture”), governing the rights and duties of Angiotech US, the other Obligors, the 9% Notes Collateral Agent and the holders from time to time (including their successors and assigns, the “9% Note Holders”) of certain 9% Senior Notes due 2016 (as amended from time to time, the “9% Notes”).